Showing 1 - 10 of 3,196
We propose a broadly applicable empirical approach to classify individuals as time-consistent versus naïve or sophisticated regarding their self-control limitations. Operationalizing our approach based on nationally representative data reveals that self-control problems are pervasive and that...
Persistent link: https://www.econbiz.de/10012600894
A long-standing puzzle is how overconfidence can persist in settings characterized by repeated feedback. This paper studies managers who participate repeatedly in a high-powered tournament incentive system, learning relative performance each time. Using reduced form and structural methods we...
Persistent link: https://www.econbiz.de/10014311540
This paper presents the results of a laboratory experiment in which workers perform a real-effort task and supervisors … supervisor and the worker. We find that not all the supervisors, but at least one third of them bias their report. Both selfish …
Persistent link: https://www.econbiz.de/10009311502
model. Third, we run an experiment to test the model's main predictions in a context where the researcher knows the true …
Persistent link: https://www.econbiz.de/10012588630
improved the welfare of behavioral agents. We advance the notion of counter-biasing by demonstrating that one bias (present … bias) can be pit against another (choking at high stakes) to counteract the ill effects of the second. Our results …
Persistent link: https://www.econbiz.de/10011996314
Existing research has documented the confirmation bias in the domain of politics, but relatively little research has … examined the confirmation bias in religion. I developed a novel task in the religious domain and compare confirmation bias … "gun control" and the "existence of God". Results documented a confirmation bias in both information exposure and perceived …
Persistent link: https://www.econbiz.de/10012213878
aversion, decoy effect, anchoring bias, endowment effect, and identifiable-victim bias. In our experiment, DMfO is DMfO …). We conduct a laboratory experiment in which subjects make decision on behalf of themselves and others in eighteen tasks … that measure the following biases: present-bias in time preferences, reflection effect in risk preferences, ambiguity …
Persistent link: https://www.econbiz.de/10011949189
impact on moral behavior. The choice context in the experiment is whether subjects inflict a painful electric shock on …
Persistent link: https://www.econbiz.de/10011625349
We conduct experimental games with police applicants in Germany to investigate whether intrinsically motivated agents self-select into public service. Our focus is on trustworthiness and the willingness to enforce norms as key dimensions of intrinsic motivation in the police context. We find...
Persistent link: https://www.econbiz.de/10011594631
endogeneity and attrition/non-response bias, using two instrumental variables. Making use of a discrete instrument for the … as the total population and suggest non- and semiparametric estimators. We apply the latter to a randomized experiment at …
Persistent link: https://www.econbiz.de/10011348296